THE SUNLIGHT TAX BLOG:

Tax and Money Education for Creative People, Freelancers and Solopreneurs

Gretchen Carder: Prestige is Not Payment: Textiles, Covid Pivots + Bookkeeping as Self-Care

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Gretchen Carder: Prestige is Not Payment: Textiles, Covid Pivots + Bookkeeping as Self-Care

Gretchen Carder is the owner of Good Quilt and a member of Money Bootcamp. Gretchen joins me to talk about her experience transitioning from corporate to working with textiles as a creative entrepreneur, how her decision to join Money Bootcamp helped her gain clarity and confidence in her finances, and why bookkeeping is such an essential part of entrepreneurship.

Gretchen Carder is the owner of Good Quilt and a member of Money Bootcamp. Gretchen has a background in graphic design and now works with textiles as a quilter.  

On today’s episode, Gretchen joins me to talk about her experience transitioning from corporate to working with textiles as a creative entrepreneur, how her decision to join Money Bootcamp helped her gain clarity and confidence in her finances, and why bookkeeping is such an essential part of entrepreneurship.    

Also mentioned in today’s episode: 

  • Gretchen’s background 1:48

  • Her decision to join Money Bootcamp and what made her join 2:25

  • What Gretchen’s business looked like prior to joining Money Bootcamp 5:38

  • How bookkeeping can be considered self-care 10:15

  • How Money Bootcamp has helped Gretchen gain sustainable income 12:51

If you enjoyed this episode, please rate, review and share it! 

Links:

https://www.sunlighttax.com/deductionsguide

https://www.goodquilt.store/

https://go.sunlighttax.com/register

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What it Costs You to Wait: Money School

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What it Costs You to Wait: Money School

In today’s final episode of the Money School Bonus Series, I’m sharing why waiting costs you money when it comes to building financial security and how you can start investing to grow your wealth today.

Join me to learn how you can push past your perfectionism, take action and start growing your money to gain financial freedom.

In today’s final episode of the Money School Bonus Series, I’m sharing why waiting costs you money when it comes to building financial security and how you can start investing to grow your wealth today. 

Join me to learn how you can push past your perfectionism, take action and start growing your money to gain financial freedom. 

Also mentioned in today’s episode: 

  • Why waiting costs you money 2:15

  • Why perfectionism is holding you back 2:40

  • Why financial security is so important 6:25

  • What is a cost curve? 7:47

  • Why investing is a long term game 9:25

  • The power of compounding 12:03

If you enjoyed this episode, please rate, review and share it! 

Links:

https://www.sunlighttax.com/deductionsguide

https://go.sunlighttax.com/free

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Don't Hustle, Don't compromise, Just Maximize: Money School Bonus Series

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Don't Hustle, Don't compromise, Just Maximize: Money School bonus series

Today, I’m rounding out the Money School Bonus Series by sharing how you can maximize the money you already have and get your money to work for you.

Join me in this episode to learn a 5 minute rundown of exactly what money buckets you need and what order to fund them, plus what I call the “Power Triangle.” It’s the secret sauce behind making your money work for you. I teach you the 3 parts of the Power Triangle, plus action steps, so you can build generational wealth for your family and your future.

LISTEN & SUBSCRIBE HERE

Today, I’m rounding out the Money School Bonus Series by sharing how you can maximize the money you already have and get your money to work for you. 

Join me in this episode to learn a 5 minute rundown of exactly what money buckets you need and what order to fund them, plus what I call the “Power Triangle.” It’s the secret sauce behind making your money work for you. I teach you the 3 parts of the Power Triangle, plus action steps, so you can build generational wealth for your family and your future.

Also mentioned in today’s episode: 

  • Why you should have a plan for your money 2:14

  • The magic benefits of capitalism 6:45

  • The major buckets of money you should be funding, and in what order 11:05

  • The Power Triangle of maximizing your money 22:35

If you enjoyed this episode, please rate, review and share it.

Links:

Register for the Free Class
Visual Guide to Your Tax Deductions

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Why Business Deductions Save More Than You Think: Self-Employment Tax: Money School

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Why Business Deductions Save More Than You Think: Self-Employment Tax: Money School

In today’s episode of the Money School Bonus Series, I’m explaining what self-employment tax is, why tax deductions are so important as a creative entrepreneur and how they save you more money than you may think.

Join me in this informative episode to learn the details about self-employment tax and how you can make sure you’re getting the most out of your deductions each year.

Listen & Subscribe Here

In today’s episode of the Money School Bonus Series, I’m explaining what self-employment tax is, why tax deductions are so important as a creative entrepreneur and how they save you more money than you may think. 

Join me in this informative episode to learn the details about self-employment tax and how you can make sure you’re getting the most out of your deductions each year. 

Also mentioned in today’s episode: 

  • Understanding self-employment taxes 1:23

  • Tax brackets and what they actually mean 3:44

  • The average tax rate for self-employed people 6:16

  • Self-employment taxes explained 10:52

  • Why you need to be tracking all of your expenses 13:02

  • Getting the most out of your deductions 22:11

If you enjoyed this episode, please rate, review and share it! 

Links:

https://www.sunlighttax.com/deductionsguide

https://go.sunlighttax.com/free

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Receipts & Bookkeeping Demystified: Money School bonus series

LISTEN AND SUBSCRIBE HERE

Receipts & Bookkeeping Demystified: Money School bonus series

Receipts. Your tax return. Bookkeeping. In this week’s episode and part of the Money School series, I’m sharing three different systems that you need for your business when it comes to managing taxes so you can get more organized and be less stressed. When you understand the difference between these three things, you will stop wasting time, and you will instantly feel more organized.

LISTEN AND SUBSCRIBE HERE

Receipts. Your tax return. Bookkeeping. In this week’s episode and part of the Money School series, I’m sharing three different systems that you need for your business when it comes to managing taxes so you can get more organized and be less stressed. When you understand the difference between these three things, you will stop wasting time, and you will instantly feel more organized.

I’m also explaining why you might be getting confused as a creative entrepreneur during tax time and how you can take control of your finances with some actionable steps and tools.

Also mentioned in today’s episode: 

  • What are receipts and why are they so important 5:14

  • Third party verification 8:00

  • Why bookkeeping is so critical if you’re self-employed 12:35

  • The difference between bookkeeping and taxes 14:45

  • Building your own tax spreadsheet 23:00

  • Understanding the why behind your bookkeeping 25:20

If you enjoyed this episode, please rate, review and share it.

Links:

register for the Free Masterclass

https://www.sunlighttax.com/deductionsguide

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